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RMF Newsroom, Distributed Retail

Reverse Mortgage Funding Announces Newest Member Of Its Distributed Retail Team

Reverse and forward mortgage expert Geoffrey Wallace strengthens RMF’s west coast presence

BLOOMFIELD, N.J. – March 31, 2017 – Reverse Mortgage Funding LLC (“RMF”), one of the nation’s leading reverse mortgage lenders, is pleased to announce that Geoffrey Wallace, a seasoned mortgage professional with over 16 years of industry experience, has joined its Distributed Retail team as Western Regional Manager. Mr. Wallace, who has held reverse mortgage positions with leading financial institutions Citibank and Bank of America among others, is based in Sacramento, California and reports to Richard Thorpe, National Sales Leader Distributed Retail. Among his primary responsibilities will be recruiting top industry talent to RMF and building out its sales force on the west coast.

“We are very pleased to have strengthened and expanded our west coast team with Geoffrey, whose inherent ability to lead, manage and recruit, deliver results and provide trusted counsel to older Americans on reverse and traditional home equity mortgages is impressive and enviable,” said Mr.

Thorpe. “Geoffrey possesses the unique skillset and experience that we require from our managers, and thus, we believe that by pairing his expertise with our resources, we will benefit from increased interest in our company and stronger brand awareness throughout California and beyond.”

In addition to Citibank and Bank of America, Mr. Wallace comes to RMF after spending time in the reverse mortgage divisions at Urban Financial Group, MetLife Bank, Golden Gateway Financial and Wells Fargo. Throughout his career, he has held various executive level positions, and demonstrated the ability to meet aggressive profitability and growth goals. Furthermore, Mr. Wallace, who is licensed to practice in California, Oregon and Nevada, has a proven track record of successfully leading and managing large teams, mentoring individuals and developing top industry talent.

“Having spent the majority of my career in the reverse mortgage industry and gotten to meet many talented individuals, I am really impressed with how many of them now work for RMF, which is why I was very excited to join the company,” said Mr. Wallace. “I am very intrigued by the opportunities at RMF and the ability to work with financial planners and grow its market share throughout the west coast. I look forward to working with and learning from my new teammates, and am confident that my extensive experience and perspective will help our company attract new high-end talent and cultivate further interest in reverse mortgages amongst Baby Boomers.”

About Reverse Mortgage Funding LLC

Established in 2012, Reverse Mortgage Funding LLC (NMLS ID #1019941) is one of the fastest-growing lenders in the industry, one of the nation’s largest GNMA issuers of reverse mortgages, and a recognized thought leader in the reverse mortgage business. A wholly owned subsidiary of Reverse Mortgage

Investment Trust Inc. (RMIT), the company’s focus is on originating, acquiring, investing in, and managing reverse mortgage loans and securities backed by reverse mortgage loans. The company is headquartered in New Jersey, with corporate offices in New York and California and field offices throughout the U.S. Learn more by calling (844) 804-3863, visiting www.reversefunding.com, or following us on Facebook or LinkedIn.

Media Contact:
Matthew Chudoba
203-682-8217
Matthew.Chudoba@icrinc.com

L914-Exp032018

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